I guess I'm not entirely following what specifically you're referring to that we've abstracted. We've created all these sophisticated financial mechanism, but these are just arbitrary rules we create that are entirely decoupled from the material reality. When you cut through all that crap, it all comes down to supply and demand of physical goods. People want food, TVs, phones, stoves, and so on.

These have to be produced somewhere, then shipped and distributed to people who want them. No amount of financial games changes the fundamentals of the situation. The west having shipped out much of its industry to other countries, and having lost its educated workforce necessary to produce the goods it consumes has no choice but to continue importing these things from places like China. It's not a problem that can be solved by abstractions.